Jan 31

What will having new investors mean?

What we speculated since the news broke of the Madoff Ponzi scandal has come to fruition; the Wilpons are in financial straits.

To what degree, we don’t know and might not until after commissioner Bud Selig meets with the Wilpons. But, that they are entertaining the idea of bringing in new investors tells us the family has issues. One would think the Wilpon’s close relationship with Selig would preclude a complete sale of the Mets.

According to reports, selling a portion of the Mets is to raise money for Sterling Equities. What we don’t know is how much input any new investor will get for his 20 to 25 percent. And, with limited input, what is the incentive to buy in?

The Wilpons have repeatedly said the Ponzi incident has not, and will not, impact decisions made about the Mets and how they do business.

However, the hiring of Sandy Alderson as general manager at the suggestion of Selig, and how little the Mets spent this winter is indicative in their streamlining approach.

We know the Mets will not give an extension to Carlos Beltran and are hoping he’ll get off to a good start and be easier to trade. We can also bet the Mets will attempt to limit Francisco Rodriguez’s appearances to less than 55 to avoid his option kicking in. He’s also somebody the Mets will attempt to deal in July.

There’s also reasoned speculation the Mets will seriously entertain offers for Jose Reyes, the player that would attract to most in return.

What we’ve been told so far is the blueprint is to evaluate the team this year, build a competitive base and add pieces with money saved when several bulky contracts are off the books.

Alderson said several times having more flexibility next year doesn’t guarantee breaking the bank. Frankly, dealing Reyes, if it comes to that, says the Mets are starting over.

Jan 27

Smooth sailing not guaranteed for 2012

The conventional thinking is this is a throwaway season with the Mets not being able to compete until 2012 after the team clears its books of Oliver Perez, Carlos Beltran, Luis Castillo and possibly Francisco Rodriguez.

However, that’s not a given.

While the Mets should have more financial flexibility next winter, they’ll have a wide range of holes to fill including an outfielder to replace Beltran, at least two starting pitchers and possibly a closer if they don’t bring back Rodriguez.

There’s also the possibility of needing a second baseman and maybe a catcher if Josh Thole doesn’t pan out.

Take away those four contracts and the Mets will have $54 million to play with, but that’s only for one year. That’s probably enough to fill four spots, but will the Mets make four long-term signings?

That doesn’t appear to be Sandy Alderson’s way of doing things.

Another potential hole could be shortstop if Jose Reyes walks after the season.

The bottom line is the Mets could still have a lot of work to do after this season, and possibly next year as well.

Dec 21

Don’t be in a rush to deal Flores

Sorry for the absence. I’ve been ill lately and had to shut it down for a few days. This is the longest I’ve gone without a post since I started doing this and I apologize.

But, we haven’t missed much as the Mets continue to hope the prices will drop on whatever pitching talent is left out there. By most accounts there’s not much more than $4 million remaining in the Mets’ budget, and that won’t be enough to land Brandon Webb, the best remaining arm.

The Mets are looking at Freddy Garcia (but so are the Yankees), Chris Young and Jeff Francis. Young appears to be the most likely. There are other free-agent pitchers, such as Jeremy Bonderman and Kevin Millwood, but they don’t register much on the thrill meter. Nobody outside of Webb raises your pulse.

The name I keep hearing in the trade market is Tampa Bay’s Matt Garza, which would be appealing, but the reported cost would be shortstop prospect Wilmer Flores.

Trading prospects are always risky, but unless the return is great (and Garza doesn’t rank that high), I’d be reluctant to deal Flores because of the uncertainty of what could happen with Jose Reyes. If Reyes gets off to a good start and the Mets are committed to signing him to an extension, then Flores would be expendable.

However, if the Mets opt to shop Reyes at the trade deadline, or he leaves after the season as a free agent, it would be good to have Flores in the fold. But, to deal Flores now and then lose Reyes would leave a hole I don’t think Ruben Tejada would be able to fill.

Flores is still several years away, but his value should only increase. While Garza is coming off a career year at 15-10, he’s still less than a .500 career pitcher.

Dec 09

Mets coming home with scraps

Scott Boras was right, Carlos Beltran will start the season with the Mets. The Red Sox signing Carl Crawford put an official end to that wishful thinking. So, with the exception of second base, two slots in the rotation and the bullpen, the Mets are set for 2011.

Sandy Alderson said he wouldn’t make a splash and he has been true to his word. Alderson said last night it would be highly unlikely the Mets would leave Orlando today with a starting pitcher. There’s still interest in Chris Young, but he’s thinking $5 million a year while the Mets are thinking less than half that. They are talking with Freddy Garcia.

The Mets have added a mediocre arm to the bullpen and a mediocre back-up catcher. The Mets are hoping three key players – Beltran, Jose Reyes and Jason Bay – are healthy and two starters will fall out of the sky.

All along, we’ve been looking forward to 2012, and this week just underscores that sentiment. Alderson did say the Mets would be competitive this season, but that’s vague. Everything has to break right for the Mets to be competitive and how often do things always break right?

Dec 04

Making a go with little

Sandy Alderson said it again, that the Mets have little payroll flexibility and aren’t expected to make a splash in the free-agent market.

Again, even if the Mets cut Oliver Perez and Luis Castillo, they are still on the hook for $18 million between them. It’s not as if the money could be spent elsewhere.

The Mets need to find two starters, bullpen depth, a second baseman (if it is not Castillo), a back-up catcher and bench depth. Try doing that with about $10 million to spend.

There’s not much in the minor league system to help immediately. And, Ruben Tejada and Jenrry Mejia are best served in the minor leagues for this year, Alderson said. There aren’t the prospects available to make a trade similar to the one Boston did for Adrian Gonzalez. And, if there was, the Mets are committed to not spending.

Again, we can re-examine trading Jose Reyes and David Wright, but you’d be dealing your two best players. And, with Reyes, his value because of injury and lack of production the past two years, and that he’ll be a free agent after 2011, make him difficult to deal.

And, while a solid player, Wright isn’t one that would bring a boatload of talent in return. Plus, he’d leave a gaping hole at third base.

Alderson said this would be a process and he’s not lying. This is becoming more apparent as the winter meetings approach. They might be able to add a band-aid or two, but other than that, hope for 2011 is for Reyes, Jason Bay and Carlos Beltran to get healthy and continued development from players such as Mike Pelfrey, Jon Niese and Ike Davis.

As of now, hope is the plan.